Boeing will stop production of the Everett-built 767 in 2027
Boeing has announced it will cease production of the 767 Freighter by 2027, highlighting the company's ongoing struggles in the competitive aerospace market. In a note to employees, CEO Kelly Ortberg revealed plans to cut the global workforce by 10%, approximately 17,000 jobs, due to significant financial losses. This announcement coincides with a delay in the delivery of the new 777X airplane until 2026, following setbacks in development and a month-long strike by the Machinist union. The 767 Freighter will fulfill its remaining orders, including 17 from UPS and 12 from FedEx. Employees, such as Trevor Knightley, have expressed concerns over job security and the impact of these changes.
Knightley noted the Freighter's economic advantages over competitors, suggesting a potential shift towards producing more 777 freighters in the future. The situation at Boeing reflects broader challenges in the aerospace industry, which has faced labor disputes and changing market demands. As the company navigates these turbulent times, its future in Everett remains uncertain, raising concerns among its workforce and stakeholders.